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choice but to try to do it. we'll see where the help of jim lehrer, the moderator, exactly how he uses this moment. >> talk to you in a moment. whenever there's a big night involving politics, you can bet larry kudlow is involved. he's here on set with us. you were disappointed with mitt romney on the convention at large. is this a time to reform that. >> particularly on the economy and jobs. at the whole republican convention and mitt romney's speech set that campaign back several weeks in my opinion. they got no bump and no bounce. in fact, they probably got a negative bounce. so tonight it is incumbent on him to do two things. one is make the big picture. he's the free enterpriser and president obama is the big government planner. and those are big differences in philosophy in government. two, romney has a tax cut plan. he has a spending cut plan. he has an energy plan. he's got to make it clear. he's got to explain to people the connection between his plans and the economic recovery that we have not yet had. that's a tall order for romney. and he's going to have to fight hard for i
's going to talk spending. you know that jim lehrer, who is very good at this, is going to ask romney for specifics on this. what are the specifics on spending cuts? we've not heard them. >> we know where the problems are in the federal budget. medicare is responsible for a quarter of the federal debt in the last ten years. i have a plan to take action and get that under control. the president doesn't. if you look at his budget, they are a recipe for middle-class tax hikes. you cannot spend that kind of money without taxing the middle class. it's arithmetic, it's not politics. one of the things that governor romney has to do tonight is make the president own his record. his record's very unpopular. his policies are very unpopular but the president is very slippery and evasive and good at finger pointing. that's got to stop tonight. >> how can romney talk about spending cuts and medicare when president obama's $716 billion in medicare cuts, romney says we have to put that money back into it, he wants to add money to defense and give a $5 trillion tax cut, that's going to blow a hole in
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